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CRD - Central Rand Gold Limited - Director dealings in shares

Release Date: 19/01/2009 15:21:02      Code(s): CRD
CRD - Central Rand Gold Limited - Director dealings in shares                   
Central Rand Gold Limited (`CRG` or `the Company`)                              
(Incorporated as a company with limited liability under the laws of Guernsey,   
Company Number 45108)                                                           
(Incorporated as an external company with limited liability under the laws of   
South Africa, registration number 2007/0192231/10)                              
ISIN: GG00B24HM601                                                              
Share code on LSE: CRND                                                         
Share code on JSE: CRD                                                          
Announcement of transactions of a director in Central Rand Gold Limited Ordinary
Shares pursuant to Disclosure Rule 3.1.4                                        
Central Rand Gold Limited ("the Company"), a gold exploration and development   
company, is pleased to award the following options over new Ordinary Shares to  
Johan du Toit, CEO, on 15 January 2009:                                         
Number of Total        Vesting      Exercise Expiry date                        
options   amount paid  date         price                                       
         for grant                                                              
         of options                                                             
600,000   nil          31 Oct 2009  50p      31 Oct 2012                        
600,000   nil          31 Oct 2010  100p     31 Oct 2013                        
600,000   nil          31 Oct 2011  150p     31 Oct 2014                        
Following the above award of options, Mr. du Toit holds 1,800,000 options over  
Ordinary Shares in the Company.                                                 
Issued on behalf of: Central Rand Gold Limited                                  
Date: 16 January 2009                                                           
Johan du Toit                                +27 (0) 11 551 4000                
Buchanan Communications Limited              +44 (0) 20 7466 5000               
Bobby Morse / Ben Willey                                                        
Evolution Securities Limited                 +44 (0) 20 7071 4300               
Simon Edwards / Chris Sim / Neil Elliot                                         
Jenni Newman Public Relations (Pty) Ltd      +27 (0) 11 772 1033                
Jenni Newman / Megann Outram                                                    
Macquarie First South Advisers (Pty) Ltd     +27 (0) 11 583 2307                
Thato Morojele / Annerie Britz                                                  
Date: 19/01/2009 15:21:02 Supplied by www.sharenet.co.za                     
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